AMD representatives could not support the share price of the company

POSTER:computer news || AMD REPRESENTATIVES COULD NOT SUPPORT THE SHARE PRICE OF THE COMPANY

DATE:2017-05-18

As expected , the recent growth in AMD's share price could not be connected with the expectation of good news from the company's financial event, but is based on rumors about the forthcoming deal with Intel on licensing the elements of the graphics system for the integrated processors of the latter. At the AMD event, these rumors were not commented on, so investors' expectations began to return to the nearer reality.

At the moment, AMD's stock price has returned to the level from which it started at the end of last week. Experts believe that investors did not find AMD's arguments convincing enough, and the information presented at the event of the company did not impress them.